310-923-5013
2815 2nd Ave, Seattle, WA for Sale
Office - FOR SALE
1/25
null | Request Cap Rate

2815 2nd Ave
Seattle, WA 98121
Belltown


HIGHLIGHTS

  • Bay Vista presents a rare opportunity to acquire a newly renovated office asset with existing leasing demand at a reset basis
  • Seattle has emerged as one of the most dynamic gateway cities in the United States known for its leading industries and companies
  • 62% leased to 11 office & retail tenants w/ 4.11 years WALT and $982,110 in-place NOI, providing near-term stable cash flow in an improving submarket
  • Bay Vista offers open creative office space, on-site gym and a newly renovated tenant lobby and lounge, incredible views, and an abundance of parking
  • Leasing demand continues to outpace the market with inquiries from 33 new tenants and 3 new executed leases totaling 22,048 SF over the past 12 months
  • Bay Vista offers investors the opportunity to acquire an irreplaceable office building significantly below replacement cost

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

REO Sale | Value-Add Office w/ Stable Income

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

B

YEAR BUILT

1982

SPRINKLERS

-

PARKING SPACES

173

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

DMR-C 145/75

APN/PARCEL ID

058640-0080

ASK ABOUT THIS PROPERTY

Ryan PlummerNewmarkMore Info
310-923-5013

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Ryan PlummerNewmarkMore Info
310-923-5013

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.